A swap is the interest paid or received for holding a position past 5:00 PM EST. The swap rate can be negative, positive, or zero, depending on the interest rates of the currencies being traded. This means that you may either earn or pay interest on your position, depending on the market conditions and the currencies involved.
What is a swap? Print
Created by: Cerus Markets
Modified on: Fri, 25 Aug, 2023 at 9:42 AM
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